SofTech Announces Q2 Fiscal Year 2013 Operating Results

The Balance Sheets as of November 30, 2012 and our fiscal year end May 31, 2012 are presented below.

Balance Sheets
(in thousands)
         
As of
November 30, May 31,
2012     2012
Cash $ 109 $ 595
Accounts receivable 1,060 757
Other current assets   256       308
Total current assets   1,425       1,660
 
Property and equipment, net 89 42
Goodwill 4,249 4,246
Other non-current assets   683       600
Total assets $ 6,446     $ 6,548
 
Accounts payable $ 315 $ 266
Accrued expenses 314 333
Deferred maintenance revenue 1,567 2,194
Current portion of long term debt 720 720
Other current liabilities   102       75
Total current liabilities   3,018       3,588
 
Other non-current liabilities 65 51
Long term debt   1,420       1,480
Total liabilities   4,503       5,119
 
Redeemable common stock   110       -
 
Stockholders' equity   1,833       1,429
Total liabilities, redeemable common stock
and stockholders' equity $ 6,446     $ 6,548
 




Review Article Be the first to review this article
Trimble

Harris

Featured Video
Jobs
Mechanical Engineer II - Requisition ID 090445 for L3 Technologies at New York, NY
Estimator / Bidder for Rulon International at Saint Augustine, FL
ECAD Designer - Data Connectivity for Delphi at Auburn Hills, MI
Upcoming Events
17 International Multidisciplinary Scientific GeoConference SGEM 2017 at Paradise Blue Congress Center Albena Resort & SPA Bulgaria - Jun 28 - 7, 2017
LiDAR for DRONE 2017, Jun 29-30, 2017, Montpellier, France at Montpellier France - Jun 29 - 30, 2017
International Cartographic Conference 2017 at MARRIOTT WARDMAN PARK HOTEL 2660 Woodley Road NW, Washington District Of Columbia 20008 Washington - Jul 2 - 7, 2017
GI_Forum 2017 at University of Salzburg, Interfaculty Department of Geoinformatics - Z_GIS Hellbrunnerstr. 34 Salzburg Austria - Jul 4 - 7, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
ESRI 2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy